How do you close a bank account if a person dies?

If you’re a joint account holder with the deceased, the process for closing the account is far simpler for most states. To close the account, you’ll simply need to write a letter asking the bank to close that specific account and sign it. No death certificates or other information is needed beyond your request for closure.

What happens if a bank holder dies?

Banks must be notified when an account holder passes away in order for accounts to be closed in a timely manner and funds distributed accordingly. If the deceased was the sole owner of an account, the bank will convert it to an estate account.

What happens to a bank account when a person dies?

When someone dies, their bank accounts are closed. The executor of the estate will be in charge of dividing the estate up according to the will, which is a legally binding document that outlines who receives the deceased’s assets following their death.